Blockchain-Enabled Smart Grid Applications: Architecture, Challenges, and Solutions
Bhargav Appasani,
Sunil Kumar Mishra,
Amitkumar V. Jha,
Santosh Kumar Mishra,
Florentina Magda Enescu,
Ioan Sorin Sorlei,
Fernando Georgel Bîrleanu,
Noureddine Takorabet,
Phatiphat Thounthong and
Nicu Bizon
Additional contact information
Bhargav Appasani: School of Electronics Engineering, Kalinga Institute of Industrial Technology, Bhubaneswar 751024, India
Sunil Kumar Mishra: School of Electronics Engineering, Kalinga Institute of Industrial Technology, Bhubaneswar 751024, India
Amitkumar V. Jha: School of Electronics Engineering, Kalinga Institute of Industrial Technology, Bhubaneswar 751024, India
Santosh Kumar Mishra: School of Electronics Engineering, Kalinga Institute of Industrial Technology, Bhubaneswar 751024, India
Florentina Magda Enescu: Faculty of Electronics, Communication and Computers, University of Pitesti, 110040 Pitesti, Romania
Ioan Sorin Sorlei: ICSI Energy, National Research and Development Institute for Cryogenic and Isotopic Technologies, 240050 Ramnicu Valcea, Romania
Fernando Georgel Bîrleanu: Doctoral School, University Politehnica of Bucharest, Splaiul Independentei Street no. 313, 060042 Bucharest, Romania
Noureddine Takorabet: Group of Research in Electrical Engineering of Nancy (GREEN), University of Lorraine, 2 Avenue de la Forêt de Haye, 54518 Vandeuvre lès Nancy, CEDEX, F-54000 Nancy, France
Phatiphat Thounthong: Group of Research in Electrical Engineering of Nancy (GREEN), University of Lorraine, 2 Avenue de la Forêt de Haye, 54518 Vandeuvre lès Nancy, CEDEX, F-54000 Nancy, France
Nicu Bizon: Faculty of Electronics, Communication and Computers, University of Pitesti, 110040 Pitesti, Romania
Sustainability, 2022, vol. 14, issue 14, 1-33
Abstract:
The conventional electrical grid is undergoing substantial growth for reliable grid operation and for more efficient and sustainable energy use. The traditional grid is now metamorphosing into a smart grid (SG) that incorporates a diverse, heterogeneous blend of operating measures such as smart appliances, meters, and renewable energy resources. With better efficient results and dependability, the SG can be described as a modern electric power grid architecture. The SG is one of the greatest potential advances as a promising solution for the energy crisis. However, it is complex and its decentralization could be of tremendous benefit. Moreover, digitalization and integration of a large number of growing connections make it a target of cyber-attacks. In this sense, blockchain is a promising SG paradigm solution that offers several excellent features. There has been considerable effort put into using blockchains in the smart grid for its decentralization and enhanced cybersecurity; however, it has not been thoroughly studied in both application and architectural perspectives. An in-depth study was conducted on blockchain-enabled SG applications. Blockchain architectures for various applications, such as the synchrophasor applications, electric vehicles, energy management systems, etc., were proposed. The purpose of this article is to provide directions for future research efforts aimed at secure and decentralized SG applications using blockchain.
Keywords: smart grid; blockchain; smart contracts; cybersecurity; microgrids; electric vehicles; energy transactions; energy management; smart cities; advanced metering infrastructure; home automation; smart homes (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)
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